Attention student housing developers: Seize a rare opportunity to construct student housing within walking distance of the University of Arkansas. Perfectly positioned just 0.2 miles from the campus, 0.25 miles from Dickson Street, and a mere 0.5 miles from the Fayetteville Square, this offering is a strategic investment. Comprising three parcels that total 2.68 acres, the properties at 8 S Hill Avenue and 20 S Hill Avenue are zoned as Downtown General, while 7 S University carries an RMF-40 zoning. This zoning diversity presents a unique chance to maximize unit density and optimize income potential in a high-demand area. Don't miss out on this exceptional development prospect in one of the most coveted locations near the University of Arkansas.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Leverett Elementary School
1124 W Cleveland St
Distance between this listing and this school1.72 miles
Public District Grades KG-5
Middle School
5
/10
Ramay Junior High School
401 S Sang Ave
Distance between this listing and this school1.35 miles
Public District Grades 8-9
5
/10
Owl Creek School
375 N Rupple Rd
Distance between this listing and this school3.11 miles
Public District Grades KG-8
High School
6
/10
Fayetteville High School East
1001 W Stone St
Distance between this listing and this school0.80 miles
Public District Grades 9-12
Assigned Schools
8
/10
Leverett Elementary School
1124 W Cleveland St
Distance between this listing and this school1.72 miles
Public District Grades KG-5
Nearby Schools
4
/10
Washington Elementary School
425 North Nighland Ave
Distance between this listing and this school1.41 miles
Public District Grades KG-5
7
/10
Happy Hollow Elementary School
300 S Ray Ave
Distance between this listing and this school2.09 miles
Public District Grades KG-6
Assigned Schools
5
/10
Ramay Junior High School
401 S Sang Ave
Distance between this listing and this school1.35 miles
Public District Grades 8-9
5
/10
Owl Creek School
375 N Rupple Rd
Distance between this listing and this school3.11 miles
Public District Grades KG-8
Nearby Schools
8
/10
Woodland Junior High School
1 E Poplar St
Distance between this listing and this school2.68 miles
Public District Grades 8-9
Assigned Schools
6
/10
Fayetteville High School East
1001 W Stone St
Distance between this listing and this school0.80 miles
Public District Grades 9-12
Nearby Schools
5
/10
Greenland High School
30 North Sandy Ave
Distance between this listing and this school3.90 miles
Public District Grades 9-12
9
/10
Haas Hall Academy
3155 N College Ave
Distance between this listing and this school4.24 miles
The neighbors living near this home have an average income of $34,710. The majority of Fayetteville, AR residents have income less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
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This home is located at 8 7 S University in Fayetteville, AR and zip code 72703 in the Town Branch neighborhood. This 35,256 square foot home, which was built in 1985, sits on a 2.68 acre lot. It has been listed on Rocket Homes since December 01, 2023 and is currently priced at $14,000,000.
Fayetteville, AR housing market in March 2024 saw over 17 listings sold above listed price, more than 33 sold at listed price and over 45 sold below. The inventory of homes for sale in Fayetteville, AR between February 2024 and March 2024 increased by 7.7%. While the average time on the market in March 2024 was 73 days, the median list price was $372,875.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.
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